Student Loans

<p>I was at a community college. I have transfered into a university.</p>

<p>I took out a federal subsidized student loan my last semester of attendance (this last summer), to aid in some living expenses. I did not complete the paperwork, and was going to cancel the loan, but evidently the paperwork was sufficient, and they sent me the loan.</p>

<p>I decided to take it after all. I wanted to put the community college in the past, and to not have any obligations left with them.</p>

<p>How will this loan situation work, though? Will it be paid directly to the lender / government? How much communication with the community college will be required? What does it indicate on the credit report?</p>

<p>Finally, how does this relate with my new federal subsidized loans through the university? </p>

<p>Thanks!</p>